Credit Union Journal - October 2017

CU Journal's annual awards recognize new innovations that have demonstrated concrete results, giving readers a host of great ideas to use.

The massive data breach impacted nearly half of all Americans, and credit unions will now need to be on guard for a variety of fraud types that could arise as a result.

The world of short-term lending was shaken up Thursday as one regulator issued a rule cracking down on payday loans while another made it easier for banks to offer an alternative product.

Public Service Credit Union's approach to keeping information safe has also helped address a variety of resource shortages.

Nutmeg State Financial Credit Union recognized converting its core was just the beginning of creating a digital-first strategy.

Its efforts earned Financial Resources FCU a 2017 Best Practices Award from CU Journal.

Palm scanners for employee log-ins has not only increased data security, but it's also cut down the time employees were spending on authentication procedures.

Members want loans quick, fast and easy. Northrop Grumman Federal Credit Union has found a way to make that happen

In an effort to engage employees, Direct Federal Credit Union developed DirectThinker, an app that allows employees to submit ideas on how business operations could be improved.

The Wisconsin credit union dialed up some help from Fannie Mae to streamline its mortgage loan process to better serve members.

Taking a data-driven approach to marketing not only helped pump up originations -- it also helped save members money.

Well-known in the industry for its business lending prowess, Royal Credit Union was looking for a way to streamline its MBL process.

With a two-pronged approach, Advantage One Credit Union has helped members manage their financial well-being and gain access to low-interest loans, all while growing the credit union’s bottom line.

Greater Nevada Credit Union’s small business lending program has been showered with awards, including a CUJ Best Practices honor.

Along with increased efficiencies, one branch has seen membership nearly quadruple in less than a year.

This tool for parents to teach kids about money comes from CEO’s experiences with his boys.

What members saw as a confusing inconvenience now is quick and easy, and applications are soaring.

A project set up to improve processes and boost internal efficiencies has saved TruChoice FCU more than $116,000 per year and earned the credit union a Best Practices Award from CU Journal.

TruChoice Federal Credit Union’s SMILE program is improving members’ lives and saving them money.

How Knoxville Teachers FCU is utilizing e-signature technology to improve the lending process for its members.

Though many of its policies were in place before news of the Equifax breach came out, Mountain America Credit Union is doubling down on its approach to protecting member data.

There's a growing consensus that helping young employees pay back student loan debt could be key to recruiting and retaining millennial talent at credit unions.